Electricity Infrastructure Investment Act 2020
58Contributions by distribution network service providers
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58 Contributions by distribution network service providers
58 Contributions by distribution network service providers
(1) The scheme financial vehicle may, by order served on a distribution network service provider (a contribution order), require the distribution network service provider to pay a specified amount into the Fund.
(2) The amount specified in a contribution order is to be the amount specified in the regulator’s contribution determination for the distribution network service provider, subject to any requirements prescribed by the regulations.
(3) The scheme financial vehicle may determine the amount specified in a contribution order on its own initiative if the regulator does not publish a contribution determination for the financial year within the period required under section 56(5).
(4) The amount determined by the scheme financial vehicle under subsection (3) is not to exceed the amount reasonably required to enable the scheme financial vehicle to meets its liabilities as they fall due.
(5) An amount payable by a distribution network service provider under a contribution order is recoverable by the scheme financial vehicle as a debt in any court of competent jurisdiction for payment into the Fund.
(6) The regulations may make provision for or with respect to the circumstances in which a distribution network service provider is or is not authorised to recover part of the amount payable under a contribution order from a person who is exempt from the energy savings scheme under clause 22 of Schedule 4A to the Electricity Supply Act 1995 or from a person who buys electricity to use in the production of hydrogen energy.